Transamerica Insurance Broker
Transamerica was established by a young entrepreneur named Amadeo Giannini in 1904. He founded the Bank of Italy in a converted San Francisco saloon. His goal was to make financial services available to everyone — not just the wealthy 1% of the population.
After the 1906 earthquake and fire that rocked San Francisco, Giannini set up an improvised bank on the San Francisco docks, distributing loans to residents so they could rebuild, secured with only a handshake.
In 1928, Transamerica amalgamated with the Bank of America, and in 1930, the growing company acquired Occidental Life Insurance Company. The banking and life insurance businesses separated in 1956, with the insurance sector of the company taking the Transamerica brand. In 1972, the now famous landmark Transamerica pyramid building transformed the San Francisco skyline into a beacon of architectural wonder.
The rapid influx of acquisitions and activity in the 1960s and 1970s culminated in Transamerica owning interests not only in life insurance and financial services, but also motion picture distributor United Artists, Trans International Airlines and Budget Rent A Car.
By the mid-1980s, Transamerica reaffirmed its stance on its core founding mission of making insurance and financial tools available to more people. In July 1999, Transamerica began a new chapter in its history when it became part of one of the world's leading international financial institutions: Aegon N.V.
Presently, Transamerica remains committed to helping people as the company did when it started 100 years ago. Clients have easy access to an even more diverse range of insurance products, services, and customer service than ever before; from life insurance to retirement plans, to securing their financial futures.
Since its founding, Transamerica has been committed to helping its clients build a solid financial foundation for the most important thing, their future. The company will continue to excel in providing exceptional service with its insurance and financial products, while remaining affordable and accessible for future generations.